Central Banks
BOJ Should Keep Stimulus After December Tweaks, LDP Member Says
- December band widening wasn’t policy change or exit step
- Lawmaker supports ongoing stimulus ahead of BOJ’s meeting
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The Bank of Japan should keep up its aggressive monetary easing program after making adjustments in December, a senior ruling party lawmaker said ahead of the central bank’s upcoming policy meeting.
The BOJ’s surprise doubling of the bond yield band last month doesn’t mean a strategic shift from its ultra-easing program, said Hiroshige Seko, the Liberal Democratic Party’s upper house secretary general.